US Lighting Group's gross profit for the
three
months ended in Dec. 2023 was $-0.02 Mil. US Lighting Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $0.86 Mil.
US Lighting Group had a gross margin of -4.50% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 9 years, the highestGross Margin % of US Lighting Group was 88.37%. The lowest was -12.37%. And the median was 23.66%.
US Lighting Group Gross Profit Historical Data
The historical data trend for US Lighting Group's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of US Lighting Group's Gross Profit
For the Recreational Vehicles subindustry, US Lighting Group's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
US Lighting Group's Gross Profit Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, US Lighting Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where US Lighting Group's Gross Profit falls into.
US Lighting Group Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
US Lighting Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.86 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
US Lighting Group (OTCPK:USLG) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
US Lighting Group had a gross margin of -4.50% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
US Lighting Group Gross Profit Related Terms
Thank you for viewing the detailed overview of US Lighting Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
US Lighting Group (US Lighting Group) Business Description
US Lighting Group Inc is a manufacturer of recreational vehicles utilizing the highest quality marine materials to create lighter weight, stronger, and more durable RV travel trailers and campers. It consists of four subsidiaries: Cortes Campers, LLC, a brand of high end molded fiberglass campers, Futuro Houses, LLC, focused on design and sales of molded fiberglass homes, Fusion X Marine, LLC, a high performance boat designer, and MIGMarine Corporation, a composite manufacturing company that produces proprietary molded fiberglass products for other business lines. The company formed Cortes Campers to operate a new brand of inventive travel trailers.
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